The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Willis Towers Watson Public Limited Co shares valued at $299,346 were sold by Krasner Andrew Jay on Mar 01 ’24. At $272.13 per share, Krasner Andrew Jay sold 1,100 shares. The insider’s holdings dropped to 4,170 shares worth approximately $1.08 million following the completion of this transaction.
Also, Gebauer Julie Jarecke sold 5,000 shares, netting a total of over 1,380,144 in proceeds. Following the sale of shares at $276.03 each, the insider now holds 68,574 shares.
Before that, Garrard Adam had sold 5,400 shares from its account. In a trade valued at $1,460,214, the Head of Risk & Broking traded Willis Towers Watson Public Limited Co shares for $270.41 each. Upon closing the transaction, the insider’s holdings decreased to 5,400 shares, worth approximately $2.92 million.
As published in a research note from Citigroup on February 12, 2024, Willis Towers Watson Public Limited Co [WTW] has been rated up from a Neutral to a Buy and the price target has been revised to $315 from $236. Analysts at BMO Capital Markets upgraded the stock from ‘”an Underperform”‘ to ‘”a Market perform”‘ outlook in a report released in mid February. As of January 11, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for WTW. Earlier on January 10, 2024, TD Cowen initiated its rating. Their recommendation was “an Outperform” for WTW stock.
Analyzing WTW Stock Performance
During the last five days, there has been a drop of approximately -1.73%. Over the course of the year, Willis Towers Watson Public Limited Co shares have jumped approximately 7.49%. Shares of the company reached a 52-week high of $278.86 on 02/23/24 and a 52-week low of $237.50 on 01/05/24. A 50-day SMA is recorded $271.44, while a 200-day SMA reached $237.48. Nevertheless, trading volume fell to 0.52 million shares from 0.27 million shares the previous day.
Support And Resistance Levels for Willis Towers Watson Public Limited Co (WTW)
According to the 24-hour chart, there is a support level at 256.99, which, if violated, would cause prices to drop to 254.71. In the upper region, resistance lies at 260.81. The next price resistance is at 262.34. RSI (Relative Strength Index) is 35.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.02, which suggests the price will decrease in the coming days. Percent R is at 84.82%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
